Ideas and analysis on money, markets and the world around us.
Brexit will be done by the end of next month, when trade negotiations with the EU will begin. Importantly, Britain’s negotiating position has strengthened immeasurably, and the new government is not afraid to use it.…
Read the articleGold and silver made net gains over this week, with gold rising $12 from last Friday’s close to trade at $1472 in early European trade this morning. Over the same timescale silver rose 43 cents to trade at $16.97.…
Read the articleEconomists who understand credit cycles expect the current cycle to enter its crisis stage at any moment. Furthermore, it combines with increasing trade tariffs between the two largest economies to echo the conditions…
Read the articleWhile gold recovered some lost ground this week, silver went nowhere. From last Friday’s close, gold rose by $9 to trade at $1473 in early morning European trade today, while silver lost 15 cents at $16.88. Comex volume…
Read the articleThe world stands on the edge of a cyclical downturn, exacerbated by trade tariffs initiated by America. We know what will happen: the major central banks will attempt to inflate their way out of the consequences. And…
Read the articleGold and silver moved sideways this week in moderate turnover, affected by America’s Thanksgiving holiday on Thursday. In this morning’s trading in Europe, gold was down $6 from last Friday’s close at $1456.5, and…
Read the articleAmerica’s tariffs against China are already showing signs of undermining the global economy and will create a funding crisis for the Federal Government when it leads to foreigners no longer buying US Treasury debt and…
Read the articleAs the chart above shows, gold and silver prices consolidated for a second week. In mid-morning European trade, gold was up $3 from last Friday’s close to trade at $1471, and silver was up 21 cents at $17.20 over the…
Read the articleThe legal formalisation of the creation of bank credit commenced with England’s 1844 Bank Charter Act. It has led to a regular cycle of expansion and collapse of outstanding bank credit. Erroneously attributed to…
Read the articleGold and silver stabilised this week, consolidating the falls of the previous week. Gold rose $7 from last Friday’s close to trade at $1466 in early morning European trade, while silver was up four cents over the same…
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